Transcript - About Regular Process

Mediterranean Science Commission
The Socio Economic Dimension
(for Global Reporting and Assessment of the state of the
Marine Environment)
Paulo A.L.D. Nunes
2008 Joint EC-US / CIESM Workshop
Workshop
for the
North Atlantic,
Baltic Sea, the
“Functional
aspects
of marinethe
genomics
Mediterranean
Seabiotechnological
and the Black Sea,
under the auspices of
including
applications”
the United Nations,
support
of 2008
the Regular Process
Monaco,in12-14
October
Egmont Palace, Brussels, Belgium, 27-29 June 2012
CIESM
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The socio economic dimension: three pillars
1. Recognizing value: a feature of all human
societies and communities
2. Demonstrating value: in economic/monetary
terms to support decision making
3. Capturing value: introduce mechanisms that
incorporate the values of ecosystems into
decision making
Source: TEEB
CIESM
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Science Commission
Recognizing value
• Oceans and Europe Regional Seas:
Are responsible for the provision of a wide range of goods and
services and therefore source of socio-economic value,
whether or not they enter the marketplace
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Marine Ecosystem Services are capital assets
fibre production
shore line protection
tourist attraction
recreation
water purification
biodiversity
navigation
genetic resources
food production
flood protection
carbon sequestration
beauty
recreation
stabilising micro-climate
game reserve
shelter for marine life
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Demonstrating value
• Conventional measures of national economic performance
(e.g : GDP growth) fail to reflect these natural capital assets
and their benefits flows.
“Gross domestic product, the leading
economic measurement, is outdated and
misleading… it is like grading a corporation
based on one day’s cash flow and forgetting
to depreciate assets and other costs”
– J. Stiglitz, Nobel Price, economics
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What is natural capital accounting
All countries rely on System of National Accounts, but some
information is missing or invisible :
– Depletion and degradation of marine natural capital
offshore oil & gas and minerals, seagrass/coverage, fish
stocks, marine genetic materials, water column
– Environmental degradation
coastal pollution, loss of coastal tourism productivity
– Ecosystem services
carbon storage (blue carbon), coastal flood mitigation,
marine cultural heritage and seascapes
Natural Capital Accounting
Builds this information as satellite accounts to the
System of National Accounts to fill the gap
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Why do natural capital accounting?
Better indicators for monitoring sustainable development/longterm growth
– Is GDP growth sustainable or are we just “living off our
natural capital?”
Better management of natural capital for growth & poverty
reduction (especially in the context of socio-economic
diversity of the Mediterranean Sea)
– What is the real contribution of Natural Capital to GDP
and household livelihoods; how do the poor depend on
natural capital?
CIESM
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Why do natural capital accounting?
Better management of natural capital for growth & poverty
reduction (especially in the context of socio-economic
diversity of the Mediterranean Sea)
– How do we weigh tradeoffs among competing users, for
example transport industry, off-shore oil and gas
industry, fishermen and coastal tourism?
– How much should be invested in natural capital, such as
marine protected areas?
– How can we make ecotourism work for the poor?
– How do we balance marine spatial planning, including
tourism, fisheries and other ecosystem services like
carbon storage or water quality?
CIESM
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Natural Capital and inclusive wealth
Indonesia
Ecosystem services
dependency
99 million
India
Brazil
352 million
20 million
16%
10%
21%
Ecosystem services as a
% of classical GDP
90%
84%
79%
47%
25%
Ecosystem services as a
% of “GDP of the Poor”
53%
75%
11%
89%
Ecosystem services
Source:
TEEB
02.04.2016
9
CIESM
The Mediterranean
Science Commission
Natural Capital and inclusive wealth: assessment of
the role of the Natural Capital hosted by the
Mediterranean sea in terms of poverty alleviation
Ecosystem services
dependency
South shore
xxx? million
North shore
yyy? million
21%
16%
Ecosystem services as a
% of classical GDP
84%
79%
47%
25%
Ecosystem services as a
% of “GDP of the Poor”
53%
75%
Ecosystem services
Source:
TEEB
02.04.2016
10
CIESM
The Mediterranean
Science Commission
Capturing the value
Regional Plans
Norms,
Regulations
& Policies
Legislations
Recognizing
value
Certification
Economic
Mechanisms
MPA Evaluation
Demonstrating
value
PES
Markets
Capturing
value
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Implementation of Natural Capital Accounting
• SEEA
UN’s System of Environmental and Economic Accounting,
developed over past 20+yrs.
• SEEA is a comprehensive accounting framework, like the
System of National Accounts (SNA), that links the use of
natural capital by the economy and the impact of the
economy on natural capital
SEEA Central Framework was adopted as an international
statistical standard February 2012, like the SNA
This establishes agreed methodology for material natural
resources, but more work is needed for the ‘more difficult
to measure’ natural capital—ecosystems.
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Beyond Rio+20
• WAVES – Wealth Accounting and Valuation of
Ecosystem Services, launched by WB President
Zoellick in October 2010, at CBD COP 10
• '50:50' campaign is a World Bank Group-facilitated
initiative that provides a unique opportunity for the
public and private sectors to join forces, launched at
Rio+20
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Bringing WAVES to the Mediterranean Sea with
CIESM
1. Implement natural capital accounting in countries along the
North and South shores
2. Incorporate natural capital accounts in policy analysis and
marine spatial development planning
3. Scientific credibility —develop methodology for ecosystem
accounting for the SEEA with natural scientists
4. Promote global adoption of natural capital accounting
beyond the pilot countries
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Science Commission
Thank you
CIESM
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Science Commission